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Updated about 1 year ago,
How do I approach a more experienced investor with a deal?
Hello All
I'm a new investor and haven't done my first deal yet. I'd like to find a deal and then ask a more experienced investor if they'd like to be partners on it. I envision suggesting a 20-80 split of the profits (I'll get the 20%) and I'll get to go "shadow them" as we go through the process of closing the deal.
When I've found a good deal, what is the best way to approach another investor? Should I have paperwork already prepared? Does it make sense to post about it in the forum?
Thanks in advance for your time.